Domestic pepper prices continue to fall sharply
Pepper prices today in key growing areas continued to decrease sharply compared to yesterday. Thereby, the domestic pepper price level is from 137,000 VND/kg to 138,000 VND/kg.
In the Central Highlands region, pepper price today in Dak Lak decreased sharply by 2,000 VND/kg compared to yesterday, currently at 138,000 VND/kg.
Pepper price today in Gia Lai decreased by 2,000 VND/kg compared to yesterday, currently at 137,000 VND/kg.
Pepper price today in Dak Nong decreased by 2,000 VND/kg compared to yesterday, currently at 137,000 VND/kg.
In the Southeast region, pepper price today in Ba Ria - Vung Tau is currently at 137,000 VND/kg, down 2,000 VND/kg compared to yesterday. Dong Nai decreased 2,000 VND/kg compared to yesterday at 137,000 VND/kg.
In addition, pepper price today in Binh Phuoc decreased by 2,000 VND/kg compared to yesterday, currently at 137,000 VND/kg.
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The domestic pepper price movement since the beginning of June 2025 continues to be affected in the same direction as the world trend. According to records, pepper prices on June 1 decreased by about 10,000 VND/kg compared to the beginning of May, from an average of 155,000 VND/kg to 145,000 VND/kg. Up to now, the price has slipped below the threshold of 140,000 VND/kg, a total decrease of 15,000 VND/kg in just over a month.
In the short term, pepper prices are forecast to remain stable or continue to decrease slightly, due to unstable export demand and cautious sentiment from importers. Although supply shows signs of tightening, it is not enough to create a breakthrough in the context of a weak market.
However, in the medium and long term, the global supply shortage is considered a strong supporting factor for the recovery of pepper prices. In Vietnam, output is on a downward trend. At the same time, many farmers have proactively kept goods in warehouses waiting for prices, causing the supply-demand balance to gradually tilt towards sellers, creating a foundation for pepper prices to rebound in the coming time.
Pepper price today June 15 in the world market
In the world market, based on quotes from export enterprises and export prices in various countries, the International Pepper Community (IPC) has updated the prices of all types of pepper traded in the international market on June 14 (local time) as follows:
Indonesian Lampung black pepper prices remained unchanged from yesterday at $7,500/ton. Meanwhile, Muntok white pepper prices were also unchanged from yesterday at $10,132/ton.
Brazilian black pepper ASTA 570 price remained unchanged from yesterday at $6,175/mt.
Malaysia’s ASTA black pepper price remained unchanged from yesterday at $9,100/ton. Meanwhile, the country’s ASTA white pepper price remained unchanged from yesterday at $11,850/ton.
Prices of all types of pepper in Vietnam remained unchanged compared to yesterday. Of which, the price of Vietnamese black pepper 500 gr/l reached 6,300 USD/ton; 550 gr/l reached 6,400 USD/ton.
Similarly, Vietnam's white pepper price remained unchanged from yesterday at $9,300/ton.
The Import-Export Department (Ministry of Industry and Trade) said that in the first 3 months of 2025, India imported 9.9 thousand tons of pepper, worth 68.5 million USD, up 35% in volume and 105.1% in value over the same period in 2024. The average import price reached 6,920 USD/ton, up sharply by 51.4%.
Although Vietnam is one of the four main suppliers to India, its market share is facing fierce competition from Sri Lanka and Indonesia. Sri Lanka accounted for 43.15% of the market share, a sharp increase compared to 24.1% in the same period last year. Indonesia also increased its market share to 15.87%, nearly double the previous 7.89%.
Source: https://baonghean.vn/gia-tieu-hom-nay-15-6-2025-tiep-tuc-giam-manh-10299651.html
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